BOCHK’s 2025 Sustainability Report: Green Loans Up 33.5%, Carbon Emissions Halved Since 2019

Bulletin Express
03/30

BOC Hong Kong (Holdings) Ltd. (BOCHK) released its 2025 Sustainability Report, highlighting a 33.5% year-on-year increase in green and sustainability-related loans and a 50 % cut in Scope 1 and 2 carbon emissions versus the 2019 baseline—equivalent to an absolute reduction of about 22,700 tCO₂e.

The bank’s ESG bond investment portfolio reached HK$124.30 billion, up 21.9 % from 2024, while new green mortgage bookings exceeded 3,300 cases with loan approvals of more than HK$9.90 billion, both surging over 330 % year-on-year. The number of green personal loans climbed 39 %, with the loan balance rising 16 %.

BOCHK reported ISO 14068 carbon-neutral certification for its three core Hong Kong office buildings—the Bank of China Tower, Bank of China Building and Wan Chai Commercial Centre—following sustained energy-efficiency upgrades and local renewable-energy purchases.

Operational net-zero remains targeted for 2030. The bank measured absolute operational emissions at 46,973 tCO₂e in 2025, against 51,133 tCO₂e in 2024. Electricity consumption dropped to 333,860 GJ, and paper procurement fell 44 % from the 2019 baseline.

The report references the HKMA’s climate-risk guideline and the IFRS S2 framework, noting completed climate-risk stress tests covering transition and physical risks in high-emitting sectors, and the bank’s proprietary Green & Sustainable Finance Taxonomy to screen financing activities.

On social impact, BOCHK organised 170 volunteer activities, delivering more than 30,000 service hours, and funded over 50 charitable projects with 3.90 million beneficiaries.

The group retained an “AAA” MSCI ESG rating, remained in the FTSE4Good Index, and was recognised by the Financial Times as an “Asia-Pacific Climate Leader” for the fourth consecutive year.

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